Cadillac STS Forum - 2005 through 2012 Discussion, will sts prices drop? in Past Cadillac Vehicle Discussion; So I'm looking to but a sts soon currently I have a 2001 dts and just want something newer it's ...
So I'm looking to but a sts soon currently I have a 2001 dts and just want something newer it's definetly going to have a northstar but anyways I just want to know will prices drop because the xts and ats coming out and sts going out of production
the older ones..05 and 06 are probably at their low point
They will fall more slowly now...than in their first 4 years
I do agree clean ones are getting hard to find
BUT....its that law of economics
Because of the way the cars fall in value some that buy it after 5 years cant afford the repairs..or wont put the money into a car that is not worth more than the STS's are...unless its just to keep the engine going
Look at the prices( and typical condition of 6 + year old cars) of the older STS...or the DTS
Same pattern with the 2005+ STS...and will be with the latest DTS as well
I think the used car market is entering an interesting period. Manufacturers are building fewer cars equipped as many buyers want. To get bigger cars, owners are already in trucks & SUV's. As CAFE standards get more strict, I expect larger & more powerful used cars & trucks to hold their values better than otherwise expected.
I'm not shopping but I am watching used STS prices stay well above what I paid in 2008. Our cars are working fine and we still have a year or more of warranty coverage. There's nothing on the market today urging me to trade. Most of what I see is small, cheap, underpowered crap or way-overpriced.
IMHO, clean & well-cared for STS's have a lot of value.